#BurlON til May 22

This May long weekend enjoy the time off by trying out some of the fun…

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#BurlON til May 22

#BurlON til Jan2

Christmas will soon be here and there is no better place to celebrate the season…

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#BurlON til Jan2

Ring in 2019 in #BurlON

The last holiday of the year and it is my personal favourite – New Year’s!…

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Ring in 2019 in #BurlON

#BurlON til March 28

Run Forest Run! This weekend marks the 124th year for the Around the Bay Race,…

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Toopy and Binoo to headline 2017 Oakville Children’s Festival

Fourth annual arts and culture celebration takes place at QEPCCC on July 9

Toopy and Binoo, the popular cat and mouse duo from the hit children’s television show, will headline the 2017 Oakville Children’s Festival on Sunday, July 9 from 10 a.m. to 4 p.m. on the grounds of Queen Elizabeth Park Community and Cultural Centre (QEPCCC). Families across Oakville can dance and sing along to the theatrical production Toopy and Binoo: Fun and Games, as a toy chest full of games and puzzles ignite their curious imaginations.

The event will also feature performances by comedian and juggler Bob Cates, singer Mike Ford, Silk Acrobatic artist Heather Govender, KaHa:wi Dance Theatre’s Pow Wow Bootcamp, First Nations Storyteller Cheri Maracle, The Compound All Star Urban Dance Team, ROCKGarden Party, Toyland Puppet Show, and street magicians Ray Chance and Mike D’Urzo.

Celebrating Canada’s 150th anniversary is also part of the line-up with a special dance performed by Oakville’s Balletomane Inc. and an ArtHouse community mural that will transform the festival into a patriotic arts and culture playground for kids of all ages.

“The Oakville Children’s Festival is always a great event for families, and this year will be no exception,” said Mayor Rob Burton. “We’re always pleased to provide this great opportunity to celebrate Oakville’s arts and culture, especially as we commemorate Canada’s 150th anniversary.”

There will also be fun hands-on activities and interactive shows, Touch-A-Truck, City Parent Scavenger Hunt, Oakville Public Library storytimes, Friends of Library Book Sale, Sport Oakville Zone, archery, martial arts, YMCA of Oakville, face painting, and Monkeynastix. This year’s food features include the Kinsmen Club of Oakville BBQ lunch, plus many of the GTA’s most popular food trucks.

There is no parking on site and on-street parking restrictions will be enforced throughout the neighbourhood. Residents and out-of-town guests are encouraged to take the free Oakville Transit shuttle service from the Bronte GO Station. Free bike parking will also be available onsite.

The Oakville Children’s Festival committee is currently recruiting enthusiastic volunteers to help with this year’s festival. Apply online at oakville.ca or email ocfvolunteers@oakville.ca for details.

Due to rising lake levels and ongoing flooding at Coronation Park, the town is temporarily relocating the 2017 Oakville Children’s Festival to QEPCCC, located at 2302 Bridge Road. Festival admission is free and the event will take place rain or shine. Additional acts and activities will be announced as they are confirmed. Visit Oakville Children’s Festival page for event updates.


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Toopy and Binoo to headline 2017 Oakville Children’s Festival

#BurlON Celebrates Canada’s 150th

1514The Canada 150 excitement is building!  Throughout 2017 we are encouraging visitors to discover #BurlON…

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#BurlON Celebrates Canada’s 150th

What’s In A Name?

Client or customer – is there a difference. Absolutely! 

The terms are not interchangeable. Each has been defined within the Real Estate and Business Brokers Act, 2002, and Regulations (REBBA 2002). The key to remembering the difference rests with the type of agreement the consumer has with the brokerage. A client is represented under a (buyer or seller) representation agreement. A customer is not and is provided services only. As such, the obligations owed to each is different, including the duty of care.

The duty of care owed to customers involves providing accurate information, responding to questions, being honest, and performing specific agreed-upon functions. 

The duty of care owed to clients includes everything you do for that client, and may be outlined in the representation agreement, general, and fiduciary obligations under agency law and regulatory obligations (as set out in REBBA 2002). 

Duties to Clients

In addition to the foregoing duty of care, some of the obligations owed to clients under agency law include the following: 

General Obligations 

1.  Exercise care and skill – have the requisite knowledge and skills; provide complete and accurate information; recommend relevant experts, where applicable 

2.  Negotiate favourable terms – advance the client’s interests by assisting in negotiations; draft favourable terms and conditions for agreements arising from the negotiations 

3.  Maintain confidentiality – maintain confidentiality regarding all matters (e.g., client’s personal information, client’s motivation for buying/selling, the amount to be paid or accepted during negotiations)

4.  Disclose information – disclose information pertinent to the client (e.g., actual or potential conflicts of interest); disclose matters relating to the transaction

5.  Ensure honesty – demonstrate honesty of intent in all dealing

6.  Act in person – perform duties personally, unless otherwise instructed

7.  Obey instructions – obey the client’s instruction, unless it’s not lawful (e.g., the client asks you to create a misleading advertisement regarding the property)

8.  Perform mandate – perform the mandate as set out in the representation agreement; act only within specified authorities; seek clarification if you are uncertain about said authorities

Fiduciary Obligations

1.  Maintain utmost loyalty – the client’s interests come first, best achieved in single representation (i.e., you represent the interest of one party to a transaction)

2.  Avoid conflicts of interest – beware aware of situations that may lead to conflicts of interest, such as representing two or more clients at the same time (multiple representation) acquiring the client’s property selling owned property to the client 

3.  Disclose conflicts – disclose any personal or third-party interests that do or might conflict with the client’s interests; disclose the exact nature and extent of the conflict(s), preferably in writing and signed by the client 

4.  Not make secret profit – do not make a profit at the client’s expense (e.g., providing improper advice, accepting payment from another party without the client’s knowledge and written consent)

5.  Not misuse confidential information – do not use confidential information (e.g., confidential details about the client, the property, and/or the transaction) for your own interests, to harm the client, or to interfere with the client’s endeavours 

 

Reference

Ontario Real Estate Association and Acronamic Learning Systems Inc. (2015). Land, Structures and Real Estate Trading. Don Mills, ON: MediaLinx Printing Group.

 

 

 

 

 

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What’s In A Name?

Celebrate 2016 in Burlington

Where did 2015 go?  It seems like the past year has flown by maybe because there were so many exciting events such as the Pan Am Games, fabulous summer weather and a beautiful extended fall. When I sat down to … Continue reading →

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The Federal Election and Provincial REALTOR® Issues

After what seemed like an interminable federal campaign, Canadians finally had the chance to cast their ballots for Canada’s new government Monday night. The evening concluded with a majority win for the Liberal Party of Canada under the leadership of Justin Trudeau.

So what does the federal election result mean for provincial REALTOR® issues?

For one, Ontarians can expect improved relationships between the federal and provincial leaders. The relationship between former Prime Minister Harper and Premier Wynne was notoriously frosty at best. During the campaign, Premier Wynne was a strong advocate for a federal Liberal government and their new leader.

At the provincial level, the Premier has outlined her four-part plan to strengthen Ontario that includes investing in people’s talent and skills, investing in infrastructure, creating a dynamic environment for business, and building a secure retirement savings plan.

There are many points in the federal Liberal platform that could help the province achieve its goals. They include: commitments to long-term, federal funding for investment in transit; investment in social infrastructure such as affordable housing; working with the provinces to bolster the Canadian Pension Plan; and the creation of the Canadian Infrastructure Bank to provide low-cost financing for local infrastructure projects, making it easier for municipalities to undertake community projects.

If the federal government proves to be a cooperative partner with Ontario and delivers on its promises this could ease up some of the fiscal challenges faced by the provincial government and municipalities alike. More federal funding for transit and infrastructure would remove some of the burden off the other levels of government, reducing the need for municipalities to ask the provincial government for new revenue tools, like the municipal land transfer tax.

Premier Wynne promised to move forward with an Ontario Retirement Pension Plan when the federal government failed to collaborate with the provinces on the CPP. The Premier has suggested she would scrap the ORPP if the federal government enhanced the CPP.

Please continue to visit the blog for more updates on provincial issues.

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The Federal Election and Provincial REALTOR® Issues

What the federal election means for small business and the housing market

Next Monday, Canadians will elect their new federal government.

Here is a brief overview of what the federal parties are saving about small business and the real estate market. For more information on the federal election please visit CREA’s REALTOR® Action Network.

Conservative Party of Canada

If elected, the Conservatives would:

Reduce red tape by launching national red-tape consultations on small business issues. The Conservatives aim to reduce the red tape burden by 20%. One of these red tape reductions would include simplifying the calculation of home office expenses to save Canadians time and money when filing their taxes.
Implement a tax lock law that would prohibit increases to the federal income tax rates and sales tax rates, and new, discretionary payroll taxes.
Lower the small business tax rate from 11 percent to 9 percent over four years and cutt payroll taxes on small businesses by 21 percent.
Collect data on foreign buyer activity in Canada and if necessary take action to curb foreign speculation in Canada’s real estate market.
Increase the Home Buyers’ Plan withdrawal limit from $25,000 to $35,000.

New Democratic Party of Canada

reduce the small business tax rate from 11 percent to 9 percent.

Liberal Party of Canada

Cut the middle class income bracket by 7% and introduce a new tax bracket of 33% for incomes over $200,000.
Repeal income splitting and other tax breaks and benefits for wealthy Canadians.
Collect data on housing to determine whether speculation is driving up the cost of housing and identify policy tools that could keep homeownership within reach for more Canadians. The Liberals would also restore the mandatory long-form census to ensure data-driven decision making.
Allow Canadians impacted by sudden and significant life changes to access the Home Buyer’s Plan and use money from their RRSP to buy a house without tax penalty.

To ensure you’re registered to vote or confirm your electoral district please visit Elections Canada.

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What the federal election means for small business and the housing market